Inflation in the eurozone in May 2026 accelerated to 3.2% year-on-year against 3.0% in April, according to Experts Club. data.
In the European Union as a whole, annual inflation amounted to 3.3%. The highest indicator among all EU countries was recorded in Romania — 9.7%. However, Romania is not part of the eurozone, therefore it is not taken into account in the ranking of the countries of the currency bloc.
Among the eurozone countries, Bulgaria became the anti-leader, where annual inflation in May reached 6.3%. Bulgaria joined the eurozone on January 1, 2026, and became the 21st country of the monetary union.
Second place in the eurozone was taken by Lithuania with inflation of 5.1%, third place — Greece with 5.0%. The lowest indicators among eurozone countries were recorded in Malta — 2.1%, Germany — 2.7%, and France — 2.8%.
Thus, in May two different rankings were formed. For the EU as a whole, the main anti-leader was Romania, which remains outside the eurozone. For the eurozone, Bulgaria became the leader in price growth.
Inflation anti-leaders in the EU in May 2026:
Romania — 9.7%
Bulgaria — 6.3%
Lithuania — 5.1%
Inflation anti-leaders in the eurozone in May 2026:
Bulgaria — 6.3%
Lithuania — 5.1%
Greece — 5.0%
According to the analytical center Experts Club, the difference between the EU ranking and the eurozone ranking is important for the correct interpretation of the data. The eurozone reflects the situation in countries with a single currency and the common monetary policy of the ECB, while the EU also includes countries with national currencies, including Romania, Poland, the Czech Republic, Hungary, Denmark and Sweden.
“Romania cannot be included in the eurozone ranking, but it also cannot be ignored. It is the main inflation anti-leader of the entire EU. For business, this means that inflation risks in Europe differ greatly not only between countries, but also between currency zones. In the eurozone, the most problematic case now is Bulgaria; in the EU as a whole — Romania,” said Maksym Urakin, founder of Experts Club.
The main contribution to eurozone inflation in May came from services, energy carriers, food products, alcohol and tobacco, as well as industrial goods excluding energy. Energy prices rose by 10.9% year-on-year, services became 3.5% more expensive, and food products, alcohol and tobacco — by 2.0%.

Unemployment in the eurozone fell to 6.2% in March from 6.3% a month earlier, according to a report by the European Union’s statistical office.
Analysts surveyed by Trading Economics had expected the figure to be 6.2% last month.
The February unemployment rate (6.3%) has been revised. According to preliminary data, it stood at 6.2%.
For comparison: in March 2025, unemployment stood at 6.3%.
The number of unemployed in the eurozone last month decreased by 63,000 compared to February, totaling 10.984 million people.
The youth unemployment rate (population under 25) in March remained at the February level—14.9%.
The lowest unemployment rate among the largest eurozone countries was recorded in Germany (4%), the highest in Spain (10.3%). In France, unemployment stood at 7.7%, and in Italy, at 5.2%.
Unemployment in the European Union in March remained at the February level—6%. The number of unemployed decreased by 25,000 over the month, to 13.226 million people.
The eurozone economy grew by 0.1% in the second quarter of 2025 compared to the previous three months and by 1.4% year-on-year, according to revised data from the EU statistics office (Eurostat). The figures were in line with previous estimates and analysts’ expectations.
In January-March, the eurozone’s GDP grew faster, by 0.6% quarter-on-quarter and 1.1% year-on-year.
Ranking of eurozone countries by GDP growth in Q2 (quarter-on-quarter)
Overall, the EU economy grew by 0.2% in the second quarter and 1.5% year-on-year.
Among the largest economies in the eurozone, Germany and Italy showed a moderate decline, while France and Spain showed significant growth. The largest increase was recorded in Romania, and the largest decline was in Ireland.
This is the second estimate of the change in eurozone GDP out of three; Eurostat will present the final data on September 5.
Earlier, the information and analytical center Experts Club made a video analysis of the prospects for the Ukrainian and global economies. For more details, see the video — https://youtu.be/kQsH3lUvMKo?si=F4IOLdLuVbYmEh5P
Unemployment in the eurozone stood at 6.2% in June, according to the European Union’s statistical office. In May, according to the revised data, it was also at 6.2%, not 6.3%, as previously reported. Analysts on average expected unemployment to remain at the previously announced May level, according to Trading Economics.
For comparison, in June 2024, the unemployment rate was 6.4%.
Unemployment was at a record low of 6.2% in October and November 2024, then rose, and in April fell again to the lowest level on record.
In June, the number of unemployed in the euro area decreased by 62 thousand compared to the previous month, to 10.7 million people.
The share of unemployed youth (population under 25) fell to 14.1% from 14.3%.
The lowest unemployment rate among the largest eurozone countries was recorded in Germany (3.7%), and the highest in Spain (10.4%).
In the European Union, unemployment remained at 5.9% in June. In the same month of 2024, it was 6%.
Consumer prices (CPI) in the eurozone rose by 2% year-on-year in June, according to final data from the European Union’s statistical office. This represents an acceleration from 1.9% in May (the lowest rise in eight months).
The figure was in line with previously announced data and the consensus forecast of analysts cited by Trading Economics.
Consumer price growth in the eurozone is close to the European Central Bank’s target, indicating that the regulator has managed to bring inflation under control.
The rise in prices for services in the eurozone accelerated to 3.3% last month from 3.2% in May. The cost of food, alcohol, and tobacco rose 3.1% after a 3.2% increase in May. Energy prices fell 2.6% after dropping 3.6% a month earlier, while industrial goods rose 0.5% (in May – 0.6%).
Consumer prices excluding food and energy (Core CPI) rose by 2.3% year-on-year in June, the same as a month earlier. This was in line with both previously announced rates and experts’ expectations.
The CPI index in June rose by 0.3% compared to the previous month.
Source: http://relocation.com.ua/acceleration-of-inflation-in-the-eurozone/
The eurozone’s GDP in the fourth quarter of 2024 increased by 0.1% compared to the previous three months, according to a report by the European Union’s statistical office, which presented revised data. Previously, it was reported that GDP remained unchanged. Experts on average expected the previous estimate to be confirmed, according to Trading Economics.
In annual terms, the eurozone economy grew by 0.9%, the fastest pace since the beginning of 2023. The dynamics of this indicator coincided with the previous estimate and the consensus forecast of analysts.
In the third quarter, eurozone GDP increased by 0.4% compared to the previous three months and by 0.9% in annual terms.
In October-December, Germany’s economy declined by 0.2% quarter-on-quarter, France’s by 0.1%, Spain’s by 0.8%, and Italy’s GDP remained unchanged.
In annual terms, Germany’s GDP also decreased by 0.2%, France’s by 0.7%, Spain’s by 3.5%, and Italy’s by 0.5%.
In the fourth quarter, the EU economy grew by 0.2% compared to the previous three months and by 1.1% in annual terms.
This is the second estimate of GDP dynamics for the fourth quarter out of three. The third estimate will be published on March 7. According to preliminary data, in 2024, the euro area’s GDP grew by 0.7%, and the EU’s by 0.9%.
Experts Club Analytical Center and Maksim Urakin released earlier video analysis about the economy of Ukraine and the world – https://youtu.be/LT0sE3ymMnQ?si=b_tVU8Zeg_-xZVEo.
Source: http://relocation.com.ua/vvp-yevrozony-v-iv-kvartali-zris-na-01/